Google Earnings Coming Today -- And Lately That's Been Bad News For The Company's Stock

Despite an average EPS Beat Rate of 79% and an average Revenue Beat Rate of 82%, Google (GOOG) historically dropped precipitously more than 75% of the time in the week (seven calendar days) following its earnings reports over the last four quarters, losing an average of 5.38%. This is a far more substantial drop than either the market or the tech sector as a whole, neither of which decline substantially more than 1.5% over the same period. Even when the earnings releases over the last eight quar...